2002 Session

Budget Amendments - SB29 (Committee Approved)

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Aviation World's Fair (language only)

Item 511 #1s

Item 511 #1s

Aviation, Department of

Page 407, line 51, strike "$15,000,000," and insert "$6,600,000,".
Page 408, line 2, after "2003." insert:
"The total state monies, past and future, expended for capital improvements, temporary or permanent, at Newport News/Williamsburg International Airport in connection with this project shall not exceed $15,000,000."
Page 408, line 3, after "addition," strike the rest of the line.
Page 408, line 4, strike "Virginia,".
Page 408, line 6, after "the" insert "annual allocations made to the Newport News/Williamsburg International Airport from the".
Page 408, line 6, strike "prior to".
Page 408, line 7, strike "any distribution".
Page 408, line 7, strike "from".
Page 408, line 8, strike line 8 and insert "pursuant to
58.1-638(A)(3)(a)(b), Code of Virginia.".

(This amendment reduces the tax-supported debt authorization for the Aviation World's Fair project to $6.6 million. It also requires that the debt service payments be paid from the Newport News/Williamsburg International Airport's discretionary and formula allocations.)